GYPRO RAPID
ActiveThe computed 12-month bankruptcy probability of GYPRO RAPID is 10.2% (high). For GYPRO RAPID, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €7k and a net result of €-2k. Equity is shrinking by ~11.2% per year across the filed fiscal years. Its solvency ranks better than 32% of 9010 sector peers (fiscal year 2023). The company has been active since 2019 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability21▲+18
Solvency49▼-12
Growth47▼-13
Track record92
Bankruptcy probability, 12 months
10.2%
High
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
24%
Return on assets
-6.7%
Age of the figures
33 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline17-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 23-08-2024, 23 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
23 d late
2022
32 d late
2021
31 d late
2020
60 d late
2019
92 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2023, micro schema
Turnover
€135k▲ 15.6%
2022 · €117k
2019: €83k
2020: €280k
2021: €114k
2022: €117k
2019 → 2023
EBIT margin
-0.1%▲ 3.0pp
2022 · -3.1%
2019: 5.0%
2020: 3.9%
2021: 1.0%
2022: -3.1%
2019 → 2023
Net result
€-2k▲ 55.6%
2022 · €-5k
2019: €2k
2020: €6k
2021: €933
2022: €-5k
2019 → 2023
Working capital
€7k▼ 22.1%
2022 · €9k
2019: €11k
2020: €16k
2021: €13k
2022: €9k
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€83k-€280k▲ 239%€114k▼ 59.4%€117k▲ 2.9%€135k▲ 15.6%
Equity€8k-€13k▲ 55.5%€14k▲ 7.2%€9k▼ 33.0%€7k▼ 21.9%
Operating result€4k-€11k▲ 163%€1k▼ 89.7%€-4k€-194▲ 94.7%
Net result€2k-€6k▲ 253%€933▼ 85.5%€-5k€-2k▲ 55.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €194 in 2023 against €4k in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €30k
Fixed assets
€87=
Current assets
€30k▲ 15.8%
Equity and liabilities €30k
Equity
€7k▼ 21.9%
Debt
€23k▲ 36.4%
The debt ratio rises from 64.5% to 76.0%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
24.0%▼
2022 · 35.5%
Current ratio
1.31▼
2022 · 1.55
Quick ratio
1.30▼
2022 · 1.55
Debt / equity
3.17▲
2022 · 1.82
ROE
-28.0%▲
2022 · -49.2%
ROA
-6.7%▲
2022 · -17.5%
Debt
€23k▲
2022 · €17k
Debt ≤ 1 year
€23k▲
2022 · €17k
Income taxes
€773
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€26k€30k▲
Fixed assets21/28€87€87=
Financial fixed assets28€87€87=
Current assets29/58€26k€30k▲
Stocks and contracts in progress3-€341
Stocks30/36-€341
Amounts receivable within one year40/41€23k€26k▲
Trade receivables40€11k€10k▼
Other amounts receivable41€12k€16k▲
Cash at bank and in hand54/58€2k€334▼
Deferred charges and accrued income490/1€756€4k▲
Equity and liabilities
Total equity and liabilities10/49€26k€30k▲
Equity10/15€9k€7k▼
Contributions10/11€7k€7k=
Capital10€7k€7k=
Issued capital100€7k€7k=
Reserves13€645€645=
Non-distributable reserves130/1€645€645=
Legal reserve130€645€645=
Profit (loss) carried forward14€2k€123▼
Amounts payable17/49€17k€23k▲
Amounts payable within one year42/48€17k€23k▲
Trade debts44€12k€17k▲
Suppliers440/4€12k€17k▲
Taxes, remuneration and social security45€1k€3k▲
Taxes450/3€1k€3k▲
Other amounts payable47/48€3k€3k▼
Income statement
Code20222023
Turnover70€117k€135k▲
Non-recurring operating income76A-€2k
Goods, raw materials, services and sundry goods60/61€121k€137k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€625-
Other operating charges640/8€427-
Non-recurring operating charges66A€1k€773▼
Gross operating margin9900€-2k€579▲
Operating profit (loss)9901€-4k€-194▲
Financial income75/76B€270€1▼
Recurring financial income75€270€1▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€-5k€-1k▲
Income taxes67/77-€773
Profit (loss) for the period9904€-5k€-2k▲
Profit (loss) for the period to be appropriated9905€-5k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€123▼
Profit (loss) brought forward from the previous period14P€7k€2k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
23-02
KBO administration
Address struck
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Weakest financial yearnet €-5k ▼591%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
31-12
Financial
Highest result since 2019net €6k ▲253%
Operating result €11k, net result €6k, both a record.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ground area
1.2 ha
Building footprint
1,050 m²
Volume, LiDAR
37,526 m³
2 parcels, Brussels, Flanders · tallest building 42.8 m, ±14 floors. Linked by address, not a title deed.
1 establishment unit
Alexandre Bertrandlaan 35, 1190 Vorst
since 20192.290.348.558
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002C0073/00N009 | Flanders | 1.1 ha | 1 · 865 m² | 42.8 m · 14 fl. |
| 21383B0031/00N034 | Brussels | 325 m² | 1 · 184 m² | 21.9 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
K-RENOV
BE 0805.136.127
Wezembeek-Oppem · Eq €7k
SENH IMMOBILIARE
BE 1015.674.528
Dilsen-Stokkem · Eq €7k
FENIX CONCEPT
BE 0787.408.782
Wezembeek-Oppem · Eq €7k
LOOF
BE 0737.681.436
Antwerpen · Eq €7k
HPP SOLUTION
BE 0805.436.827
Zaventem · Eq €7k
Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 7,973 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-05-2019
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43320Joinery installation
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.